Internal Revenue Service - IRS

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Dictionary Says

Definition of 'Internal Revenue Service - IRS'

A United States government agency that is responsible for the collection and enforcement of taxes. The IRS was established in 1862 by President Lincoln and operates under the authority of the United States Department of the Treasury. It is primarily engaged in the collection of individual income taxes and employment taxes, but also handles corporate, gift, excise and estate taxes.

The IRS is sometimes referred to as the "tax man".
Investopedia Says

Investopedia explains 'Internal Revenue Service - IRS'

The IRS is headquartered in Washington, D.C. It is an expansive organization that services the taxation of all Americans. In 2006, the IRS processed about 133 million personal income tax returns and almost six million corporate income tax returns, bringing in trillions of dollars of tax revenue.
Search results for

'Internal Revenue Service (IRS)'

  • Surviving The IRS Audit

    http://www.investopedia.com/articles/pf/06/IRSAudit.asp
    ... SEE: Personal Income Tax Guide Maintain Accurate Records Now, Avoid Trouble Later
    While the Internal Revenue Service (IRS) allows taxpayers numerous ...

  • Inaccurate Tax Return, Now What?

    http://www.investopedia.com/articles/pf/09/inaccurate-tax-return.asp
    ... Some aren't always accurate and, according to the Internal Revenue Service
    (IRS), you are responsible for what's on the return. ...

  • How do I use the IRS Free File tax forms?

    http://www.investopedia.com/ask/answers/09/free-file-fillable-tax-forms.asp
    ... 2008. Firms that offer the service are part of the Free File Alliance,
    in partnership with the Internal Revenue Service (IRS). An ...

  • Financial Careers After Military Service - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0112/Financial-Careers-After-Military-Service.aspx
    ... the civil service and work in a federal agency such as the Department of Defense,
    Securities and Exchange Commission (SEC) and Internal Revenue Service (IRS). ...

  • Surviving The IRS Audit

    http://www.investopedia.com/articles/pf/06/irsaudit.asp
    ... SEE: Personal Income Tax Guide Maintain Accurate Records Now, Avoid Trouble Later
    While the Internal Revenue Service (IRS) allows taxpayers numerous ...

  • Do nonprofit organizations pay taxes?

    http://www.investopedia.com/ask/answers/08/nonprofit-tax.asp
    Section 501 of the Internal Revenue Service (IRS) tax code exempts qualified nonprofit
    organizations from federal taxes. A nonprofit organization is. ...

  • Paying Uncle Sam: From Tobacco To $1 Trillion

    http://www.investopedia.com/articles/08/US-taxes.asp
    ... It was during this time that the Bureau of Internal Revenue was formed by President
    Abraham Lincoln, which is now known as the Internal Revenue Service (IRS). ...

  • Getting A Job As The Tax Man

    http://www.investopedia.com/articles/financialcareers/08/tax-man.asp
    ... Revenue agents are employed by the Internal Revenue Service (IRS) and by
    equivalent agencies at the state and local government levels. ...

  • The Truth About IRS Tax Settlement Firms

    http://www.investopedia.com/articles/tax/11/tax-settlement-firms.asp
    ... Taxes. In an effort to collect much-needed revenue during lean economic times, the
    Internal Revenue Service (IRS) has stepped up efforts to collect unpaid back ...

  • How To Claim A Dependent On Your Tax Return

    http://www.investopedia.com/articles/tax/09/claim-a-dependent.asp
    ... Before claiming someone as a dependent on your tax return, you have to make sure
    that the person meets all the Internal Revenue Service (IRS) requirements for ...

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